FRANKLIN, KY, Dec 15 (MARKET WIRE) --
GameZnFlix, Inc. (OTCBB: GMFX) -- John Fleming, CEO of GameZnFlix, an online
provider of video games and movies for rent or purchase, said today that
unfilled demand for the Wii Video Game Console may result in increased business
for the game rental industry.
"The Wii is the hot ticket this Christmas and they're just not out there
tobe had," said Fleming. "It looks like a replay of Christmas 2006 when the Wii
wascommanding big premiums on eBay while last minute shoppers were lining up at
Gamestop or Best Buy and too often leaving empty-handed. My guess is that
those who have their heart set on a Wii aren't going to look instead to the XBox
360 or Playstation 3 which can cost double the price of a Wii or more,"
Fleming continued. "They're just different markets, and nobody's going to want
to
invest in more games for their 1st gen Xbox or Playstation 2. What does make
sense
for them is to turn to a video game rental program while Wii supply catches up
with Wii demand. It's the perfect solution."
Industry sources say that Nintendo is leaving as much as a billion dollars
on the
table this season by not having enough consoles to meet demand. That equates
to some five million machines. "We love the Wii," says Fleming, "and when
customers are lucky enough to get one we have the games to keep them happy,
but if they don't we're ready and able to keep their old game platform
well-supplied with great game titles until they get the Wii of their dreams."
About GameZnFlix, Inc.
GameZnFlix is primarily an online video game and movie rental service that
also allows its subscribers to have access to VOD movies for purchase.
Withmemberships starting as low as $8.99, subscribers can rent both video
gamesand movies with no late fees or due dates. Membership for rental services
is
located on the Internet at www.gnfgames.com; and VOD is located at
www.gnfdigital.com. A subscriber can purchase titles at a discounted rate at
www.gnfgames.com.
Notice: Certain statements in this news release may contain
forward-lookinginformation within the meaning of Rule 175 under the Securities
Act of
1933and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject
tothe safe harbor created by those rules. All statements, other than statements
of fact included in this release, including, without limitation, statements
regarding
potential future plans and objectives of the company, are forward-looking
statements that involve risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such statements.
Technical complications that may arise could prevent the prompt implementation
of any strategically significant plan(s) outlined above. The company cautions
that
these forward-looking statements are further qualified by other factors
including, but not
limited to those set forth in the company's Form 10-KSB filing and other
filings with the United States Securities and Exchange Commission (available at
http://www.sec.gov/). The company undertakes no obligation to publicly
update or revise any statements in this release, whether as a result of new
information, future events or otherwise.
CONTACT
John Fleming
GameZnFlix, Inc.
Tel: (888) 542-6817 Ext 2
http://www.gnfgames.com
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